Description

This book is part of a series which makes available to English-speaking audiences the work of the individual Chinese economists who were the architects of China’s economic reform. The series provides an inside view of China’s economic reform, revealing the thinking of the reformers themselves, unlike many other books on China’s economic reform which are written by outside observers.

Li Jiange (1949-) is one of the most notable and powerful economists holding office in China at present. He is currently the Vice-Chairman of the Central Huijin Investment Company, one of the most influential financial institutions in China. He is also a member of the National Committee of the Chinese People’s Political Consultative Conference, and a Professor at the Chinese Academy of Social Sciences and other academic institutions. He has held many important positions in the state Research Office and the Department of Policies, Laws, and Regulations, and has been Director of the China Securities Regulatory Commission. His work has included major contributions to debates about maintaining financial stability, about achieving equitable income distribution, and about China’s overall economic development.

The book is published in association with China Development Research Foundation, one of the leading economic and social think tanks in China, where many of the theoretical foundations and policy details of economic reform were formulated.

Table of Contents

1. Introduction

2. A debate on the relationship between planning and the market

3. ‘Futures’ in China: theory, policy, and systems

4. On making China’s system of circulation more market-oriented, and on creating institutions to handle the market

5. The role, responsibility, and destiny of economists

6. On capital markets

7. China’s reform and opening up, and the establishment of clean government

8. Going beyond the labor theory of value

9. Various thoughts on rural employment, rural finance, and rural public healthcare

11. China’s energy sector: issues of government regulation, and making the sector more market-oriented

12. On income inequality and being industrious

13. A look at the stock market from a new perspective

14. Concepts that underlie market regulation

15. Incentive mechanisms, moral hazard, and the basis for a market

16. Xue Muqiao: a great master who experienced the vicissitudes of a century

17. What exactly do we want to learn?

18. A letter on income distribution

19. Why are medical costs so high?

20. How to pull together medical resources and distribute them in a reasonable way

21. China’s evolving industrial policy

22. Striking a balance among wages, employment, and efficiency

23. A new approach to the old problem of ‘empty accounts’ in pension funds

24. NDC: a pension-fund reform model that is worth considering

25. Prudent handling of the three main relationships

26. On transforming China’s mode of economic growth and speeding up economic restructuring

27. Economic development and environmental protection

28. Resolving fairness issues must rely on ‘reform’

29. Strategies and goals for a water-conserving society: new conceptual approaches for handling water issues

About the Author/Editor

Li Jiange (1949-) is one of the most notable and powerful economists holding office in China at present. He is currently the Vice-Chairman of the Central Huijin Investment Company, one of the most influential financial institutions in China. He is also a member of the National Committee of the Chinese People’s Political Consultative Conference, and a Professor at the Chinese Academy of Social Sciences and other academic institutions. He has held many important positions in the state Research Office and the Department of Policies, Laws, and Regulations, and has been Director of the China Securities Regulatory Commission. His work has included major contributions to debates about maintaining financial stability, about achieving equitable income distribution, and about China’s overall economic development.

The book is published in association with China Development Research Foundation, one of the leading economic and social think tanks in China, where many of the theoretical foundations and policy details of economic reform were formulated.

About the Series

The primary aim of this series is to publish original, high quality, research-level work, by both new and established scholars in the West and East, on all aspects of the Chinese economy, including studies of business and economic history. Works of synthesis, reference books and edited collections will also be considered. Submissions from prospective authors are welcomed.